First Banking Center - Personal Insured Indexed Money Market Savings

Are you interested in solid interest rates while having total access to your funds? First Banking Center's Insured Indexed Money Market Savings account gives you the opportunity to earn higher interest on liquid assets. The account is tiered to offer a higher rate of interest to customers maintaining slightly higher account balances. As the account grows to a new tier, the funds automatically start earning a higher rate of interest.

Tiers:
$0 - $999
$1,000 - $4,999
$5,000 - $9,999
$10,000 and over
Interest credited monthly
Minimum check amount $500
FREE check safekeeping required
FDIC insured
$1 initial opening deposit requirement
ATM card available*
24-hour account access via Internet available
24-hour account access via telephone available
Various statements options available
Direct Deposit available

The interest rate on the Insured Indexed Money Market Savings account could change weekly. The annual percentage yield on the $10,000 and over tier will pay a range between 75%-125% of the average seven-day simple yield on taxable money market funds as published in the Wall Street Journal the previous Thursday. The annual percentage yield on all other tiers are solely determined by the bank.

Should the account balance fall below the $1,000 average daily balance for the month, a $20 service fee will be charged and interest credited to the account will drop to no less than the Regular Savings account rate. After six debits of any type per month, a $5 fee will be charged for each withdrawal.

Account pricing/activity limits may vary in certain locations. Please call your nearest branch for details.
Current interest rates are available in the bank lobby and are subject to change without notice.
Federal regulations limit pre-authorized, electronic, or telephone withdrawals to six per month (in-house and ATM transactions are not included). No more than three of the six may be checks or debit cards.
We use the average daily balance method to calculate the interest on your account. The average daily balance is the sum of the balances in the account for each day in the period (month or statement cycle) divided by the number of days in the period.
*Other banks may charge additional fees for using their ATMs. These fees will appear on your monthly statement. Other fees may apply. See our Personal Fee Schedule for information on service fees.